Hy2gen and Amogy have signed an MoU to collaborate in the field of renewable ammonia. The agreement encompasses the pooling of resources to advance the use of renewable ammonia as a maritime fuel, participate in joint development projects and secure the safe usage of ammonia on board maritime vessels.
Ammonia is gaining traction as a fuel for several reasons. First and foremost, it is a carbon-free option, contributing to efforts to reduce greenhouse gas emissions and combat climate change. Ammonia can be produced using renewable energy sources, making it a sustainable and environmentally friendly fuel. Additionally, ammonia has a high energy density, meaning it can store and transport a significant amount of energy efficiently.
This makes it a practical choice for various applications, including power generation and transportation. The two partners, Amogy and Hy2gen, offer crucial insight in the ammonia-to-power value chain. Amogy with its powerpack technology that allows ammonia to be an efficient energy carrier, and Hy2gen, as a developer, financier, builder, owner and operator of renewable ammonia plants for deployment in the maritime industry.
Amogy’s ammonia-to-power solution aims to decarbonize the hard-to-abate sectors, including shipping, power generation, and heavy-duty transportation. With Amogy’s scalable solution, tested in a drone, in a tractor and in a semi-truck, the maritime industry awaits a solution to introduce ammonia as an energy carrier on board vessels. The technology will soon be scaled to 1MW ready for use in a tugboat. These are important steps to demonstrate the readiness of the technology, preceding the commercialization of the ammonia-to-power solution for the global maritime market.
Norway will play an important role in the production of renewable ammonia for shipping in the future. As a globally active company, it is particularly important to us at Hy2gen that solutions based on renewable hydrogen are produced in the respective countries that offer the best conditions for this.
..says Cyril-Dufau-Sansot, CEO of Hy2gen AG.
We need collaboration along the entire value chain to speed up the energy transition from fossil to renewable fuels. Amogy represents a promising technology for the efficient utilization of ammonia as a fuel, and we are looking forward to continuing our work in paving the way for ammonia as a zero-emission fuel in the shipping industry.
..says Hege Økland, Managing Director of Hy2gen Norge.